Semiconductors serve as the backbone for a plethora of everyday products, such as cars, phones, and computers. Companies like Nvidia and Advanced Micro Devices help design these chips, which are typically comprised of silicon. At its core, a semiconductor conducts more electricity than an insulator, but less electricity than a conductor.
After a brutal bear market, we're on the hunt for non-cyc;lical chip makers on sale. Here are three undervalued semiconductor stocks.
Supply chain issues have been a problem, but these semiconductor stocks should profit from high demand for computers, EVs and more.